24032 Phoebe DrCoronaCA92883
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Corona at 24032 Phoebe Dr, Corona, CA, 92883 with 5% annual appreciation on a $805,990 basis while $5,303/mo rent supports operations. Total monthly income totals $5,303/mo and a $3,945/mo payment preserves $317/mo for cash returns. Annual cash flow comes to $3,803/yr on $265,171 deployed, and return on cash invested reaches 21.49% in year one. Equity gained on principal adds $5,201/yr, and five-year appreciation sums $222,680 alongside rental yield of 7.9%. Five-year ROI measures 111.3% and total cumulative return in cash totals $295,144.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,303/mo property income versus a $3,945/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92883, Corona, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,884 (100%) |
| Owner Occupied HU | 10,906 (78.6%) |
| Renter Occupied HU | 2,284 (16.5%) |
| Vacant Housing Units | 694 ( 5.0%) |
| Median Home Value | $723,748 |
| Average Home Value | $760,276 |
Housing Distribution
Address Breakdown
Residential
12,880
Single Family
11,569
Multi-Family
1,311
Businesses
381
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Listed by: N/A • Richmond American Homes
Mls Name: Richmond Homes
Mls Provider:
Mls ID: #N/A